New York Knicks Press Conference

NEW YORK, NY - MARCH 18: Phil Jackson stands for photos during his introductory press conference as President of the New York Knicks at Madison Square Garden on March 18, 2014 in New York City. (Photo by Maddie Meyer/Getty Images)

Phil Jackson returns to Knicks as team president

Phil Jackson has returned to the New York Knicks as their team president.

The Knicks announced Jackson's hiring Tuesday at a news conference in the lobby of Madison Square Garden, where a giant sign reading ''Welcome Home Phil'' was overhead and shirts with the No. 18 Jackson wore as a player lined the racks in the merchandise store.— Associated Press